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$565,000

5030 Sheridan Ave S Minneapolis, MN 55410

2,832 sqft
$200 / sqft
Multi-Family

Property details

About 5030 Sheridan Ave S

Welcome to 5030/32 Sheridan Ave S, Minneapolis, MN – a fantastic opportunity for both owner-occupants and savvy investors in one of South Minneapolis's most desirable neighborhoods. This meticulously maintained duplex offers the perfect blend of classic character and modern convenience, situated on a tree-lined street with excellent walkability to local shops, parks, lakes, and vibrant dining options. 1.5 blocks from Lake Harriet. You'll find bright, inviting living areas on two levels, 2 bedrooms & 2 bathrooms on each side. The kitchens have been updated with newer appliances, perfect for tenants or for making one unit your own home. You'll find AMPLE storage in each unit's lower level, as well as private laundry. The property boasts beautiful hardwood floors, walk in closets, full bathrooms & 2 bedrooms on the main floor, a large family room, and 3/4 bath on each of the lower levels. The exterior presents attractive curb appeal with beautiful brick & fresh paint, a two-car detached garage with openers, along with ample off-street parking, providing convenience for residents. Investment Highlights: This property offers exceptional income potential, allowing an owner-occupant to live in one unit and offset their mortgage with rental income from the other, or for an investor to capitalize on strong rental demand in a prime Minneapolis Fulton neighborhood location. The lower level could easily be built out to include another bedroom for increased rental income. With its desirable address and versatile layout, 5030/32 Sheridan Ave S is a smart addition to any portfolio. Insurance: $2916, Maintenance, lawn, snow, fall clean up: $2435. Water, garbage, sewer: $2270. Seller intends to perform a 1031 tax-deferred exchange.

Highlights

Home typeDuplex
HeatingForced Air
StatusComing Soon
Size2,832 sqft
BasementYes
Year built1960
MLS #6726774
Garage2 spaces

Summary

  • Basement: Yes
  • Garage Space: 2 spaces
  • Heating: Forced Air
  • List Price: $565,000
  • Price/SqFt: $199
  • Annual Tax Amount: $9,051
  • Tax Year: 2023
  • Directions: 50th to Sheridan, South to home
  • Year Built: 1960
  • Living Area: 2,832 SqFt
  • MLS Number: 6726774
  • MLS Name: NORTHSTAR
  • Office Name: Keller Williams Realty Integrity Lakes

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Last updated on: 7/6/2025, 12:52:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Dec 31, 2012
Home Sold
$315,000

Tax history

YearAssessmentProperty Tax
2023$567,000$9,051
2022$515,000$8,281
2021$490,000$8,322
2020$446,500$7,302
2019$417,500$7,384
2018$386,500$7,017
2017$345,000$6,328

History based on county public records data.

Nearby schools

9

Burroughs Community School

Public District KG-5

0.6 mi

1601 W 50th St

8

Armatage Elementary School

Public Magnet KG-5

0.7 mi

2501 W 56th St

9

Kenny Community School

Public District KG-5

1.2 mi

5720 Emerson Ave S

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $109,191. The majority of Minneapolis, MN residents have income between $100k-200k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

12%
<35k
35%
35k-100k
37%
100k-200k
16%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

34%
Single, No Kids
6%
Single, with Kids
32%
Married, No Kids
28%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
13%
18-34 yrs old
52%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Live TheatreLive Theatre
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • MercedesMercedes
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • AlternativeAlternative
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5030 Sheridan Ave S

The listing price of 5030 Sheridan Ave S property is $565,000.

The property 5030 Sheridan Ave S is a multi located in Minneapolis, Minnesota, 55410.

Coming Soon: 5030 Sheridan Ave S is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.

The nearby schools for 5030 Sheridan Ave S are: Burroughs Community School (GreatSchools Rating 9/10), Armatage Elementary School (GreatSchools Rating 8/10), Kenny Community School (GreatSchools Rating 9/10), Agamim Classical Academy (GreatSchools Rating 7/10), Anthony Community Middle School (GreatSchools Rating 7/10), Stonebridge World School (GreatSchools Rating 1/10), Southwest Senior High School (GreatSchools Rating 6/10), Washburn High School (GreatSchools Rating 6/10), Edina High School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2023 is $9,051 (source: MLS/based on county public records data).

The last sale was on December 31, 2012 for $315,000 (source: MLS/tax record).

The property 5030 Sheridan Ave S is 2,832 SqFt (source: MLS/tax record).

The year of construction for 5030 Sheridan Ave S is 1960.

This home is located at 5030 Sheridan Ave S in Minneapolis, MN and zip code 55410 in the Fulton neighborhood. This 2,832 square foot home was built in 1960. Features: 0 bathroom. It has been listed on Rocket Homes since July 5, 2025 and is currently priced at $565,000.

Over 634 listings were sold over their listed price in June 2025 in Minneapolis, MN. In the same period over 363 listings were sold below the listed price and 245 listings were sold for the listed price. The number of listings in Minneapolis, MN increased by 3.4% between May and June 2025. The median list price of listings available in June 2025 was $359,091, while the average time on the real estate market was 23 days.

From Rocket Homes Real Estate and based on county public records data.

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